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Access to Finance - A Global Agenda
- 2. Access to Finance: A global agenda .
- 5. “ How does finance create value ? ”
- 7. $ 10tn Of formal loans to SMEs worldwide [5.1% of global GDP] Ardic, Mylenko & Saltane (2011)
- 8. 0.52 % of this went to Sub-Saharan Africa, [2.6% of regional GDP] Ardic, Mylenko & Saltane (2011)
- 14. Result: The number of ‘un-financeable’ businesses will grow .
- 15. “ Shouldn’t governments do something? ”
- 23. “ Kenya has a global reputation for innovation and dynamism in microfinance ” Economist Intelligence Unit, Global Microscope on the Microfinance Business Environment 2010
- 27. What do you think ?
- 28. CONTACT Please send suggestions for further research to [email_address]
Editor's Notes
- This is low even by developing country standards – 3% is the norm. Among developed countries, it is 13%.
- Kenya has also registered the fastest improvement between the 2009 and 2010 indices
- Kenya was the first African country to participate in MF Transparency survey
- The EIU notes that despite the quality of the DTM regulatory framework and the effort of MFIs to attain this status, as of mid – 2010 there were only two DTMs.